Scleral Lens Market Business Insights
According to SNS Insider, the global scleral lens market was valued at USD 319.78 million in 2023 and is projected to reach USD 1197.36 million by 2031, growing at a compound annual growth rate (CAGR) of 15.8% over the forecast period from 2024 to 2031.
Market Overview
Scleral lenses are specialized contact lenses that cover the entire corneal surface and extend onto the sclera, offering comfort and improved vision for individuals with irregular corneas or severe dry eyes. The rising prevalence of ocular conditions such as keratoconus, along with increasing awareness about the benefits of scleral lenses, is driving market growth. The market is also witnessing innovations in lens design and materials, which are enhancing patient outcomes and expanding the adoption of scleral lenses globally.
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Key Players
- ABB Optical Group
- Bausch Health Companies Inc.
- Art Optical Contact Lens, Inc.
- Blanchard Contact Lenses
- BostonSight
- SynergEyes, Inc.
- EssilorLuxottica SA
- Visionary Optics
- AccuLens
- TruForm Optics, Inc.
KEY MARKET SEGMENTATION
- By Product Type
- Mini-Scleral Lenses
- Full-Scleral Lenses
- By Application
- Irregular Cornea
- Dry Eye
- Post-Surgical Care
- Others
- By Distribution Channel
- Hospital Pharmacies
- Optical Stores
- Online Retailers
- Others
Market Dynamics
- Rising Prevalence of Ocular Conditions: The growing number of patients with keratoconus, severe dry eyes, and other corneal irregularities is driving the demand for scleral lenses as a preferred treatment option.
- Technological Advancements in Lens Design: Continuous innovation in lens materials and designs, including improved oxygen permeability and enhanced comfort, is expanding the adoption of scleral lenses among patients and eye care professionals.
- Increased Awareness and Adoption: Growing awareness among both patients and healthcare providers about the benefits of scleral lenses, such as improved comfort and better visual outcomes, is fueling market growth.
- Expanding Healthcare Infrastructure: The development of advanced healthcare facilities, particularly in emerging markets, is increasing access to scleral lenses and contributing to market expansion.
Regional Insights
- North America: Dominates the market due to a high prevalence of ocular conditions, advanced healthcare infrastructure, and strong adoption of innovative lens technologies.
- Europe: Exhibits substantial growth potential, driven by increasing healthcare expenditures, growing awareness about eye care, and a rising number of scleral lens users.
- Asia-Pacific: Expected to witness rapid growth due to a large patient population, improving healthcare infrastructure, and increasing availability of advanced eye care solutions.
Future Outlook
The Scleral Lens Market is poised for robust growth, driven by rising ocular conditions, advancements in lens technology, and increasing awareness about the benefits of scleral lenses. Continued research and development efforts are expected to yield innovative solutions, further enhancing market expansion and improving patient care.
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